South Hill Volunteer Fire Department
EIN: 541045431 · South Hill, VA · NTEE: M24
Is South Hill Volunteer Fire Department Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About South Hill Volunteer Fire Department
South Hill Volunteer Fire Department (EIN: 541045431) is a nonprofit organization based in South Hill, VA, classified under NTEE code M24. The organization reported total revenue of $1.4M and total assets of $812K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South Hill Volunteer Fire Department's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
South Hill Volunteer Fire Department is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $512K |
| Total Expenses | $693K |
| Surplus / Deficit | $-181,363 |
| Total Assets | $1.2M |
| Total Liabilities | $1.2M |
| Net Assets | $31K |
| Operating Margin | -35.4% |
| Debt-to-Asset Ratio | 97.5% |
| Months of Reserves | 21.4 months |
Financial Health Grade: C
In 2023, South Hill Volunteer Fire Department reported a deficit of $181K with expenses exceeding revenue, holds 21.4 months of operating reserves (strong position), has a debt-to-asset ratio of 97.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), South Hill Volunteer Fire Department's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.5% | -6.9% | +385.8% |
| 2022 | -29.7% | +9.3% | -68.7% |
| 2021 | +100.8% | +47.4% | -14.5% |
| 2020 | -8.3% | +21.3% | +104.6% |
| 2019 | +13.5% | +39.6% | -15.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 6000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for South Hill Volunteer Fire Department has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates South Hill Volunteer Fire Department with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $181K, with expenses exceeding revenue.
- Debt-to-asset ratio: 97.5%.
Frequently Asked Questions about South Hill Volunteer Fire Department
Is South Hill Volunteer Fire Department a legitimate charity?
Based on AI analysis of IRS 990 filings, South Hill Volunteer Fire Department (EIN: 541045431) insufficient data. 0 red flags identified, 0 strengths noted.
How does South Hill Volunteer Fire Department spend its money?
Detailed spending breakdown data is not yet available for South Hill Volunteer Fire Department. Check back for updated IRS 990 analysis.
Are donations to South Hill Volunteer Fire Department tax-deductible?
South Hill Volunteer Fire Department is registered as a tax-exempt nonprofit (EIN: 541045431). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for South Hill Volunteer Fire Department showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), South Hill Volunteer Fire Department's revenue has grown by 81.4%, moving from $282K to $512K. Total assets increased by 137.9% over the same period, from $520K to $1.2M. Total functional expenses rose by 200.5%, from $231K to $693K. In its most recent filing year (2023), South Hill Volunteer Fire Department reported a deficit of $181K, with expenses exceeding revenue. The organization holds $1.2M in liabilities against $1.2M in assets (debt-to-asset ratio: 97.5%), resulting in net assets of $31K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $512K | $693K | $1.2M | $1.2M | — | View 990 |
| 2022 | $531K | $745K | $255K | $42K | — | — |
| 2021 | $755K | $681K | $814K | $387K | — | View 990 |
| 2020 | $376K | $462K | $953K | $599K | — | View 990 |
| 2019 | $410K | $381K | $466K | $26K | — | View 990 |
| 2018 | $361K | $273K | $551K | $140K | — | View 990 |
| 2017 | $322K | $273K | $590K | $268K | — | View 990 |
| 2016 | $351K | $363K | $652K | $379K | — | View 990 |
| 2015 | $349K | $361K | $737K | $452K | — | View 990 |
| 2014 | $264K | $400K | $838K | $540K | — | View 990 |
| 2013 | $273K | $235K | $1.1M | $627K | — | View 990 |
| 2012 | $428K | $257K | $518K | $172K | — | View 990 |
| 2011 | $282K | $231K | $520K | $344K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $512K, expenses of $693K, and assets of $1.2M (revenue -3.5% year-over-year).
- 2022: Revenue of $531K, expenses of $745K, and assets of $255K (revenue -29.7% year-over-year).
- 2021: Revenue of $755K, expenses of $681K, and assets of $814K (revenue +100.8% year-over-year).
- 2020: Revenue of $376K, expenses of $462K, and assets of $953K (revenue -8.3% year-over-year).
- 2019: Revenue of $410K, expenses of $381K, and assets of $466K (revenue +13.5% year-over-year).
- 2018: Revenue of $361K, expenses of $273K, and assets of $551K (revenue +12.1% year-over-year).
- 2017: Revenue of $322K, expenses of $273K, and assets of $590K (revenue -8.2% year-over-year).
- 2016: Revenue of $351K, expenses of $363K, and assets of $652K (revenue +0.8% year-over-year).
- 2015: Revenue of $349K, expenses of $361K, and assets of $737K (revenue +32.2% year-over-year).
- 2014: Revenue of $264K, expenses of $400K, and assets of $838K (revenue -3.3% year-over-year).
- 2013: Revenue of $273K, expenses of $235K, and assets of $1.1M (revenue -36.2% year-over-year).
- 2012: Revenue of $428K, expenses of $257K, and assets of $518K (revenue +51.5% year-over-year).
- 2011: Revenue of $282K, expenses of $231K, and assets of $520K.
Data Sources and Methodology
This transparency report for South Hill Volunteer Fire Department is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.